Upswing in Austria’s SMEs

BusinessEconomy ♦ Published: May 5, 2011; 07:58 ♦ (Vindobona)

Austrian small and medium enterprises expect a significant improvement in business conditions for 2011. The equity situation however remains problematic.

Upswing in Austria’s SMEs / Picture: ©

Austrian SMEs assess the business situation for this year as predominantly positive. 54.8% of 1,800 companies surveyed by Creditreform consider their business situation as "good" or "very good". In 2010 they were still 41.2%. Only 6.4% consider themselves to be in a bad state (2010: 15.3%). Creditreform’s board member Helmut Rödl asserts: "The upturn has arrived for the entire range…